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help please (B) Given the following data: Sales = $135,000 Sales discounts = $2,000 Sales returns = $2,300 Costs of Goods Sold = $90,000 Calculate

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(B) Given the following data: Sales = $135,000 Sales discounts = $2,000 Sales returns = $2,300 Costs of Goods Sold = $90,000 Calculate and interpret the Gross Profit Margin (GPM) Use the information in the adjusted balance presented telow to calculate and interpret the town ration for ZERO SUM Comany 1. Current 2. Quick ratio 3. Which of the above ratios (from partit are strict and why? CI De 22.400 10.000 7.200 100.000 Account Title Cash Accounts receivable Prepaid insurance Equipment Accumulated Depreciation Equipment Land Accounts payable Interest payable Uneamed revenue Long-term notes payable ZERO SUM, Capital 53,000 101.000 18.200 3,000 5,000 34,200 130,200 Totals 253,200 253,200

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